From a Forbes.com 10/5/12 post:
Solar installation startup SolarCity this afternoon filed with the SEC for a $201.25 million initial public offering. Goldman Sachs is leading the underwriting group, which also includes Credit Suisse, Bank of America/Merrill Lynch, Needham and Roth Capital.
The company plans to trade on the NASDAQ using the symbol SCTY.
For the six months ended June 30, the company reported revenue of $71.4 million, including $51.7 from solar energy systems sales, and the rest from operating leases. That’s up from $20.3 million in the comparable year-ago period. In the same period, the company lost $23.1 million. For all of 2011, SolarCity reported revenue of $59.6 million.
The largest investor in the company is noneother than Elon Musk, the CEO of both publicly held electric car maker Tesla Motors and still privately held rocket company SpaceX. He holds a 31.9% stake.
EleBlog downloaded the S-1 (“red herring”) statement from the SEC web site on SolarCity. It’s a 234-page PDF now, sitting on the computer desktop. To see it yourself, go here (it’s in HTML)
Source: http://electricalcontractor.com/?p=6637
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